Market Overview - On January 14, the general steel sector experienced a decline of 0.2% compared to the previous trading day, with Lingang Co., Ltd. leading the drop [1] - The Shanghai Composite Index closed at 4126.09, down 0.31%, while the Shenzhen Component Index closed at 14248.6, up 0.56% [1] Individual Stock Performance - Hangang Co., Ltd. saw a significant increase in its stock price, closing at 65.6 with a rise of 8.12%, and a trading volume of 2.91 million shares, amounting to 2.772 billion yuan [1] - Other notable performers included Jiugang Hongxing, which rose by 3.74% to close at 1.94, and Xinxing Ductile Iron Pipes, which increased by 2.83% to close at 4.36 [1] - Conversely, Lingang Co., Ltd. closed at 2.11, down 2.76%, with a trading volume of 402,500 shares and a transaction value of 86.302 million yuan [2] Capital Flow Analysis - The general steel sector saw a net inflow of 278 million yuan from main funds, while retail investors experienced a net outflow of 227 million yuan [2] - The main funds showed significant net inflows in stocks like Hangang Co., Ltd. (495.1 million yuan) and Xinxing Ductile Iron Pipes (49.14 million yuan) [3] - Retail investors had notable outflows in stocks such as Hangang Co., Ltd. (-263 million yuan) and Xinxing Ductile Iron Pipes (-45.12 million yuan) [3]

Group 1 - The stock of Wujin Stainless Steel fell by 5.01% to 8.34 CNY per share, with a trading volume of 156 million CNY and a turnover rate of 3.28%, resulting in a total market capitalization of 4.68 billion CNY [1] - Wujin Stainless Steel, established on March 30, 2001, and listed on December 19, 2016, specializes in the research, production, and sales of industrial stainless steel pipes and fittings, with main business revenue composition being 75.33% from seamless pipes, 21.60% from welded pipes, and 3.07% from fittings and others [1] Group 2 - The Hongde Hui Xiang Mixed Fund A (011781) holds 49,800 shares of Wujin Stainless Steel, accounting for 0.28% of the fund's net value, making it the sixth largest holding, with an estimated floating loss of approximately 21,900 CNY [2] - The fund was established on September 6, 2021, with a latest scale of 47.16 million CNY, and has a year-to-date return of 1.36%, ranking 7072 out of 8836 in its category, and a one-year return of 12.09%, ranking 6312 out of 8091 [2] Group 3 - The fund manager of Hongde Hui Xiang Mixed Fund A, Yao Xuekang, has a tenure of 4 years and 15 days, with a total fund asset size of 1.036 billion CNY, achieving a best return of 25.5% and a worst return of -13.38% during his tenure [3] - Co-manager Zhao Duanduan has a tenure of 7 years and 113 days, managing a total fund asset size of 2.614 billion CNY, with a best return of 44.04% and a worst return of -0.5% during his tenure [3]

Core Viewpoint - The company is utilizing idle self-owned funds for entrusted wealth management, with a total amount of up to RMB 80 million approved for investment in various financial products, ensuring normal operational liquidity while aiming to enhance capital efficiency and returns for shareholders [3][6]. Group 1: Basic Situation of Entrusted Wealth Management - The company held board meetings on April 24, 2025, and a shareholder meeting on May 21, 2025, to approve the use of idle self-owned funds for cash management, with a maximum amount of RMB 80 million [3]. - The investment scope includes purchasing wealth management products, trust products, bonds, financial derivatives, and participating in asset management plans, with individual product terms not exceeding one year [3]. Group 2: Progress and Risk Situation of Entrusted Wealth Management - As of the announcement date, the company has rolled over RMB 26 million in idle funds to purchase wealth management products from reputable institutions, including CITIC Securities, Shanghai Pudong Development Bank, and others [5]. - The total amount of entrusted wealth management as of the announcement date is RMB 26 million, accounting for 9.99% of the company's latest audited net assets of RMB 260.14 million [6]. Group 3: Impact on the Company and Risk Control Measures - The use of idle funds for entrusted wealth management will not significantly impact the company's main business, financial status, or cash flow, as it is conducted under the premise of ensuring daily operational funding needs [6]. - The company implements strict screening of issuers, ensuring they have legal operating qualifications and strong financial security capabilities, with a maximum product term of one year [6][7]. - The finance department is responsible for internal supervision of the use and custody of funds, maintaining a ledger for management and ensuring proper accounting [7].

| 证券代码：603878 | 证券简称：武进不锈 | | --- | --- | | 债券代码：113671 | 债券简称：武进转债 | | | 公告编号：2026-003 | 江苏武进不锈股份有限公司 关于使用闲置自有资金进行委托理财进展的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 基本情况 | 产品名称 | 中信建投证券股份有限公司称心均衡（岁岁 | | --- | --- | | | 盈） | | 受托方名称 | 中信建投股份有限公司 | | 购买金额 | 万元 3,000 | | 产品期限 | 无固定期限 | | 特别风险提示（如有请勾选） | 无 | | 产品名称 | 中信建投证券股份有限公司稳健增利（债基 | | --- | --- | | | 增强） | | 受托方名称 | 中信建投股份有限公司 | | 购买金额 | 万元 4,000 | | 产品期限 | 无固定期限 | | 特别风险提示（如有请勾选） | 无 | | 产品名称 | 中信建投证券股份有限公司稳健增利（债基 | | -- ...

Core Viewpoint - The company, Wujin Stainless Steel (603878), is a certified manufacturer of pressure pipelines for civilian nuclear applications and has a long-standing history of supplying products to nuclear power enterprises [1] Group 1 - The company produces a variety of products including different grades of stainless steel and nickel-based alloys [1] - The company has established a supply performance record with major clients such as China National Nuclear Corporation (CNNC) and China General Nuclear Power Group (CGN) [1]

武进不锈(603878)今日涨停，全天换手率8.95%，成交额4.15亿元，振幅12.04%。龙虎榜数据显示，营 业部席位合计净买入4168.40万元。 上交所公开信息显示，当日该股因日涨幅偏离值达10.13%上榜，营业部席位合计净买入4168.40万元。 证券时报·数据宝统计显示，上榜的前五大买卖营业部合计成交1.15亿元，其中，买入成交额为7823.67 万元，卖出成交额为3655.27万元，合计净买入4168.40万元。 具体来看，今日上榜营业部中，第一大买入营业部为国泰海通证券股份有限公司总部，买入金额为 2947.48万元，第一大卖出营业部为中信证券股份有限公司深圳滨海大道证券营业部，卖出金额为 1064.75万元。 资金流向方面，今日该股主力资金净流入7817.08万元，其中，特大单净流入5934.91万元，大单资金净 流入1882.16万元。近5日主力资金净流出1.02亿元。 2025年10月29日公司发布的三季报数据显示，前三季度公司共实现营业收入17.18亿元，同比下降 17.79%，实现净利润8677.27万元，同比下降49.14%。（数据宝） 武进不锈1月8日交易公开信息 | 买/ | ...

Group 1 - The core viewpoint of the news is that the steel sector showed mixed performance on January 8, with the overall sector index rising by 0.52%, while the Shanghai Composite Index fell by 0.07% and the Shenzhen Component Index decreased by 0.51% [1] - Wujin Stainless Steel led the gains in the steel sector with a closing price of 8.75, reflecting a significant increase of 10.06% [1] - The trading volume for Wujin Stainless Steel was 502,400 shares, resulting in a transaction value of 415 million yuan [1] Group 2 - The steel sector experienced a net inflow of 16.93 million yuan from main funds, while retail funds saw a net inflow of 56.80 million yuan, and speculative funds had a net outflow of 73.73 million yuan [2] - The top three stocks by main fund inflow were Wujin Stainless Steel with 79.40 million yuan, Nanjing Steel with 38.11 million yuan, and Shougang Group with 35.47 million yuan [3] - The stock with the highest net outflow from speculative funds was Wujin Stainless Steel, with a net outflow of 25.48 million yuan [3]

Group 1 - The core point of the article highlights that Wujin Stainless Steel experienced a 5.16% increase in stock price, reaching 8.36 CNY per share, with a trading volume of 237 million CNY and a turnover rate of 5.25%, resulting in a total market capitalization of 4.691 billion CNY [1] - Wujin Stainless Steel, established on March 30, 2001, and listed on December 19, 2016, specializes in the research, production, and sales of industrial stainless steel pipes and fittings, with main business revenue composition being 75.33% from seamless pipes, 21.60% from welded pipes, and 3.07% from fittings and others [1] Group 2 - From the perspective of the top ten circulating shareholders, E Fund's fund, E Fund CSI Dividend ETF (515180), entered the top ten shareholders in the third quarter, holding 7.0473 million shares, which accounts for 1.26% of the circulating shares, with an estimated floating profit of approximately 2.8894 million CNY [2] - E Fund CSI Dividend ETF (515180) was established on November 26, 2019, with a latest scale of 9.051 billion CNY, showing a year-to-date return of 1.63% and a one-year return of 8.29%, ranking 4819 out of 5493 and 3913 out of 4197 in its category respectively, while the cumulative return since inception is 80.45% [2] Group 3 - The fund managers of E Fund CSI Dividend ETF (515180) are Lin Weibin and Song Zhaoxian, with Lin having a cumulative tenure of 12 years and 312 days, managing a total fund asset of 122.692 billion CNY, achieving a best fund return of 77.56% and a worst return of -22.14% during his tenure [3] - Song Zhaoxian has a cumulative tenure of 5 years and 127 days, managing a total fund asset of 58.108 billion CNY, with a best fund return of 64.25% and a worst return of -27.57% during his tenure [3]

Group 1 - The company, Wujin Stainless Steel, announced the approval of a proposal at its first extraordinary shareholders' meeting of 2026 [2]

| 证券代码：603878 | 证券简称：武进不锈 | 公告编号：2026-002 | | --- | --- | --- | | 债券代码：113671 | 债券简称：武进转债 | | (四) 表决方式是否符合《公司法》及《公司章程》的规定，会议主持情况等。 (一) 股东会召开的时间：2026 年 1 月 7 日 (二) 股东会召开的地点：江苏省常州市天宁区智核广场 4 幢全季酒店常州恐 龙园未来智慧城店 2 楼大会议室 (三) 出席会议的普通股股东和恢复表决权的优先股股东及其持有股份情况： 本次会议由公司董事会召集，采用现场投票和网络投票相结合的方式召开。 现场会议由公司董事长朱琦女士主持，公司董事及见证律师出席会议，公司部分 高级管理人员列席会议。会议的召开符合《公司法》及《公司章程》的规定。 江苏武进不锈股份有限公司 2026年第一次临时股东会决议公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 本次会议是否有否决议案：无 一、 会议召开和出席情况 | 1、出席会议的股东和代理人人数 | 250 | ...